On 16th September 2025, GPDF held its 45th AGM on-line
Currently there are 114 LMCs registered with voting nominees, and 57 were present, and voting.
The Agenda items were
- Welcome
Dr Roger Scott welcomed everyone to the meeting. He was delighted to be chairing GPDF and paid tribute to his successor, Dr Phil Cox.
- Apologies by Absence
There were no apologies for absence.
- To approve Minutes of General Meeting held on 5th September 2024
These were proposed by Dr Zoe Norris if Hull and East Yorkshire LMC, and seconded by Dr Simon Minkoff of Manchester LMC. They were passed unanimously.
- Chairs Report
Dr Roger Scott opened by paying tribute to Dr James Booth, Dr Ben Curtis and Mr John Stanley who had stepped down from the Board during the year. Thanks were also expressed to Dr Kalindi Tumurugoti and Dr Girish Chawla who had been co-opted to the Board. Welcome was extended to Dr Kalindi Tumurugoti and Dr Amar Kachhia who are now elected to the Board.
Dr Scott went on to explain that the majority of expenditure is on representation and that had produced a deficit of just over £600k in the twelve months of the accounts.
He then went on to outline a little regarding the proposed levy increase.
In terms of the next twelve months, it is a year of uncertainty with medical politics proceeding apace. The Board is preparing itself for above normal expenditure to support the profession in meeting the challenges.
- Receive the Annual Report and Financial Statements for the year ended 31st March 2025
These were presented by Louise Casey of Mitchell Charlesworth. Louise gave a brief overview highlighting that the financial statements presented a true and fair view in accordance with accounting standards. In terms of audit findings: a schedule of adjustments had been communicated to the directors, and there were no identified no fraud or regulatory breaches within those financial statements and during the audit process. She outlined that income did remain comparable, and that was due to the decision made in the 2024 year end to waive the levies for that final 3-month period.
Unremitted levies had reduced, and there was now control, on that position. As a result, this gave a total income of just over £2.1 million pounds for the year.
There has also been a further £223,000 expenditure in the rebuild of the GP practice.
- To approve the election of 2 Directors – 2 by nominees whose principal place of residence is not relevant: that is Dr Kalindi Tumurugoti and Dr Amar Kachhia
The process of selection to the two vacancies had happened prior to the meeting. The approval of the result was proposed by Dr Verity Biggs of Coventry LMC, and seconded By Dr Paul Evans of Gateshead and South Tyneside LMC.
- Resolution: The Voluntary levy should be increased to 5p for the financial period 2026 -27
Apart from general review of the year, Dr Scott focused on explaining some of the context for the proposed increase to the voluntary levy. The deficit for the year 2024/2025 is £616, 030. This is against a background of decreasing central costs.
Discussions were had by the LMC nominees, and questions around levels of reserves, proposed expenditure etc were posed and responded to. The resolution was proposed by Dr Gareth Evans of Oxfordshire LMC and seconded by Dr Lee Salkeld of Avon LMC.
- The Reappointment of Mitchell Charlesworth as auditors until conclusion of the next AGM and to authorise the Directors to fix the Auditors remuneration
The proposal to reappoint Mitchell Charlesworth as auditors was made by Dr Matt Meyer of Buckinghamshire LMC and seconded by Dr Jane Baxter of Cumbria LMC.
- Presentation on GPDF Investment Strategy by Sarasins
Mashrufa Miah from Sarasin presented the context of investment market, and how GPDF’s portfolio had performed within that.
- Presentation by Duncan Toplis of Impact Audit of Deed of Grant
As part of their “due diligence” process for the Deed of Grant, the GPDF carry out an audit. This has previously been a simple financial audit in the past. However, because of the way the Deed of Grant is structured this is unlikely to produce any learning, and so instead an Impact audit was commissioned with Duncan Toplis, specialists in the field. It was presented by Grace Tomlinson.
- Decision on Discretionary element on Deed of Grant, including approving the following by the members:
- That the full amount of the uplifted Deed of Grant should be paid to the BMA for 2026, including the 12.5% discretionary element.
This was proposed by Dr Ben Ashmore of Kernow LMC and seconded by Dr Matt Meyer of Buckinghamshire LMC.
- Questions
All votes were passed.
There being no further business the meeting closed at 11.00am.